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Re:Lessons from six years as a solo consultant by zenpaul on Saturday January 04, 2020 @12:56PM (#21956269)
Billing hourly or daily is about the same. Weekly gets complicated. It is all about reducing risk, locking in cashflow and getting compensated for your time and energy.
Re:Lessons from six years as a solo consultant by dboreham on Saturday January 04, 2020 @02:33PM (#21956874)
Weekly/Monthly billing means you can never take a vacation. And if you're going to suggest pro-rated weekly billing well that's just daily or hourly billing isn't it?
Re:Lessons from six years as a solo consultant by jdminhbg on Saturday January 04, 2020 @03:24PM (#21957228)
You could certainly take week-long or month-long vacations, or take a month off of consulting to do things like business development or education. Generally, if you're at the level where you're billing engagements weekly or monthly, monetarily you don't need every single week to be filled with billable work.
Re:Lessons from six years as a solo consultant by tel on Saturday January 04, 2020 @03:43PM (#21957352)
Weekly billing doesn’t mean you work 40 hours, though. Additionally, one can imagine taking a week off or prorating a month.